4430 Elizabeth Lake Rd, Waterford, MI 48328
For Sale
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This exceptional investment opportunity presents a fully operational, 1,672 square foot daycare center in Waterford Township, Michigan. Located on a 0.51-acre lot at 4430 Elizabeth Lake Rd, 48328, this single-story, Class B building boasts 13 parking spaces and underwent a complete renovation in 2017. Currently operating at 100% occupancy with a significant waiting list, the center caters to children aged birth to 12 years, offering daycare, preschool, after-school programs, and tutoring. The facility features separate areas designed for infants, toddlers, and preschoolers, fostering customized developmental experiences. Its progressive curriculum emphasizes STEAM (Science, Technology, Engineering, Arts, Mathematics) learning through project-based activities. The center utilizes Kinderlime, an app providing real-time updates and secure webcam access for parents. The asking price is $319,000 ($190.79/sq ft), and the property includes the real estate, business, and furniture, fixtures, and equipment (FF&E). The permitted zoning is BI. This is a high-demand facility with a 30-child capacity, representing a strong and stable investment in a growing community. Built in 1954, this turnkey operation offers immediate income potential and significant long-term growth prospects.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Waterford, MIWaterford. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.